US stock / ETF

AutoZone, Inc.

AZO · NYSE · USD

1 monthBearish61%
Monthly Downside probability 61%Bearish

AZO 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $3,302.9 and stabilize above resistance $4,388.1.

Invalidation Trigger

Break above $4,388.1 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 49.6, MACD -95.699

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $450.55 (13.85%)

Monthly

EMA Structure

Range
EMA 8$3,185.4Bullish
EMA 21$3,302.9Bearish
EMA 50$2,991.6Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.6 · MACD -95.699

Neutral zone

Strength
Bearish
Volatility
ATR $450.55 · BB 46.17%

High volatility

Strength
Bearish
Volume
MFI 26.9 · OBV 0.44%

Relative to 20-period average volume

Strength
Range
Price Levels
$2,672.3 - $4,388.1

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+48.78% · 3.5 ATR above latest close

$4,838.7
Nearest resistance

+34.93% · 2.5 ATR above · 34-bar high

$4,388.1
Current price

Price shown is delayed

$3,252.2
Nearest support

-17.83% · 1.3 ATR below · 34-bar low

$2,672.3
Deeper support zone

-31.68% · 2.3 ATR below latest close

$2,221.8
ATR zone

Latest close ± ATR14

$2,801.6 - $3,702.7

Indicators

Trend

Dow Theory Structure

Confirmation $4,388.1, invalidation $3,210.7

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

33.2 / 6.4 / 26.2Bearish
Supertrend (10,3)

Price is above Supertrend

$2,096.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$3,445.7 / $3,219.2Bearish
Donchian Channel (20)

20-period breakout channel position

30%Range

Volatility

ATR (14)

High volatility

$450.55 (13.85%)Bearish
Bollinger Bands (20,2)

Width 46.17%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$4,084.4 / $2,523.2Bearish
ATR channel lower / upper

Current Volatility Envelope

$2,801.6 / $3,702.7Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$4,388.1Range
Support

Nearest Downside Decision Level

$2,672.3Range

Momentum

RSI (14)

Neutral zone

49.6Range
MACD (12,26,9)

Histogram is negative

-95.699Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

32.3 / 20.5Bullish
Williams %R (14)

Neutral zone

-67.7Range
CCI (20)

Balanced zone

-56.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

26.9Bearish
OBV slope

20-period OBV slope

0.44%Bullish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Trend

Dow Theory Structure

Confirmation $4,388.1, invalidation $3,210.7

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

33.2 / 6.4 / 26.2Bearish
Supertrend (10,3)

Price is above Supertrend

$2,096.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$3,445.7 / $3,219.2Bearish
Donchian Channel (20)

20-period breakout channel position

30%Range

Momentum

RSI (14)

Neutral zone

49.6Range
MACD (12,26,9)

Histogram is negative

-95.699Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

32.3 / 20.5Bullish
Williams %R (14)

Neutral zone

-67.7Range
CCI (20)

Balanced zone

-56.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$450.55 (13.85%)Bearish
Bollinger Bands (20,2)

Width 46.17%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$4,084.4 / $2,523.2Bearish
ATR channel lower / upper

Current Volatility Envelope

$2,801.6 / $3,702.7Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

26.9Bearish
OBV slope

20-period OBV slope

0.44%Bullish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$4,388.1Range
Support

Nearest Downside Decision Level

$2,672.3Range

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